Despite the explosive growth the mobile point-of-sale (mPOS) sector has seen in the past few years, there was one overarching message from the industry heading into 2014: mPOS has only just begun to show its potential. In other words, a collective ‘You ain’t seen nothing...
Income inequality has been the hot-button topic of December ever since President Obama labeled it “the defining challenge of our time,” in a widely reported December 4 speech. But, as pointed out in a recent Wall Street Journal op-ed by equity fund director Robert Grady,...
Credit and debit card loyalty programs have been around for ages in one form or another, but app developer Yub is pushing for a shifting of gears. By blurring the line between offline and online, Yub aims to provide a new way for merchants and...
PayAnywhere and MasterCard have announced a new partnership that will see MasterCard distribute a branded, co-branded or white-label solution of PayAnywhere’s mPOS solutions to help small business owners (SMBs) reduce friction at the checkout, a December 19 press release revealed. As part of the deal,...
Todd Doherty, vice president of consumer lending operations at RBS Citizens, had a problem on his hands: His project management team and his operations team were functioning in silos, costs were overrunning, delivery times were delayed and deadlines were missed. Combined, these problems were bad,...
MasterCard and Samsung revealed a new use case for the secure element in Samsung devices on December 11 when it announced that Commonwealth Bank of Australia customers would now able to make payments via an embedded mobile banking service on the phones. To wrap this...
Massachusetts-based mobile commerce solution provider Loop revealed in an exclusive interview with PYMNTS.com as part of our Breakthrough Series that it has secured $10 million in Series A angel investor funding (Jump to 0:30). Graylin hinted that later funding rounds will not be kept to...
In case there was any question, recent research confirms mobile isn’t going anywhere anytime soon: By 2017, smartphones are predicted to account for a whopping 82 percent of the cell phone market, up from the 50 percent today. For banks and FIs, this growing...
Mississippi-based payment fraud prevention specialist SecureBuy has announced plans to donate access to its SecureBuy 2.0, 3-D Secure MPI to online retailers through a 10-year royalty-free license, a press release revealed on November 19. Best known as Verified by Visa, MasterCard SecureCode and American Express...
